Virginia taxpayers to receive up to $400 as part of new fall tax rebate program
Richmond, Virginia – Virginia taxpayers have reason to celebrate this fall as Governor Glenn Youngkin announced a new round of tax rebates made possible by the state’s strong economic performance and historic budget surplus. Eligible individuals could receive up to $200, while those who filed jointly may receive as much as $400.
“Virginia’s strong job growth, bolstered by business investment commitments of $140 billion has driven a total of $10 billion in surplus revenue and enabled a record $9 billion in tax relief,” said Governor Youngkin. “This fall’s tax rebate reflects a simple truth: it’s your money, not the government’s. We have made record investments supporting teachers and students, law enforcement, and Virginians facing behavioral health crises, while also lowering costs for individuals, families, veterans and small businesses.”
To be eligible for the rebate, taxpayers must have had tax liability in 2024 and filed their return by November 3, 2025. Beginning Thursday, September 25, individuals can visit tax.virginia.gov/rebate to check their eligibility status.
Rebate Distribution Timeline and Methods
Eligible taxpayers who submitted their returns before July 1, 2025, will begin receiving their rebates by October 15, with most payments arriving by the end of October. If a taxpayer previously received a state tax refund by direct deposit, the rebate will be sent to the same bank account. Others will receive paper checks by mail.
“As a result of strong fiscal management, Virginia has seen over $10 billion in surplus revenues in the past four years, it is our shared responsibility to ensure that the vast majority of these funds are returned to Virginians while providing record funding or key priorities. That’s exactly what we’re doing,” said Secretary of Finance Stephen Cummings.
Rebate Offsets and Debt Payments
However, there are some conditions. If a taxpayer owes money to Virginia Tax or another state or local agency, the rebate will first be applied to that debt. Any remaining balance will be sent to the taxpayer along with contact information for the agency that received payment. If the tax debt exceeds the rebate, the taxpayer will receive a letter explaining the full application of the rebate toward the outstanding amount.
This fall rebate is part of the state’s continued effort to return surplus funds to residents while still delivering record investments in education, public safety, health, and small business relief. Eligible taxpayers are encouraged to check their status as soon as the portal opens and prepare for their refund.
